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INVESTMENTS (Tables)
 9 Months Ended
Sep. 30, 2022
Equity Method Investments and Joint Ventures [Abstract]  
Summarized Exchange Rate Translation from MXN to USD The Company’s proportionate share of Vasconia’s net (loss) income has been translated from MXN to USD using the following exchange rates:
Three Months Ended
September 30,
Nine Months Ended
September 30,
2022202120222021
Average exchange rate (USD to MXN)
20.22
20.01
20.02 - 20.50
20.01 - 20.33
Summarized Income Statement Information for Vasconia in USD and MXN
Summarized income statement information for the three and nine months ended September 30, 2022 and 2021 for Vasconia in USD and MXN is as follows (in thousands):
Three Months Ended
September 30,
20222021
USDMXNUSDMXN
Net sales$56,488 $1,142,171 $61,783 $1,236,289 
Gross profit
4,405 89,061 12,958 259,285 
(Loss) income from operations
(5,459)(110,380)3,886 77,756 
Net (loss) income
(8,009)(161,936)2,952 59,063 
Nine Months Ended
September 30,
20222021
USDMXNUSDMXN
Net Sales$187,001 $3,785,921 $174,468 $3,508,858 
Gross profit
29,629 600,976 40,837 821,125 
(Loss) income from operations
(256)(3,974)14,169 284,799 
Net (loss) income
(4,875)(98,366)4,562 91,063 
Schedule of Amounts Due to and Due from Related Parties Current Included within the Company's unaudited condensed consolidated balance sheets were the following amounts due to and due from Vasconia (in thousands):
Vasconia due to and due from balancesBalance Sheet LocationSeptember 30, 2022December 31, 2021
Amounts due from VasconiaPrepaid expenses and other current assets$80 $80 
Amounts due to VasconiaAccrued expenses and Accounts payable(1)(146)